Shazia Yousaf Masih Group


Status: Paying Back - Delinquent

$825.00   Loan Amount
13% repaid

About the Group

Group Name: Shazia Yousaf Masih Group
Group Members: Shazia Yousaf masih
Nasreen Allah wasaya
Kosar Muhammad saleem
Razia Arif masih
Shazia Muhammad shafique
Location: Kot Radha Kishan, Pakistan
Activity: Knitting

About the Loan

Loan Amount: $825.00
Loan Use: To buy wood to sell
Repayment Term: 13 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 22, 2009
Date Disbursed: Apr 29, 2009
Date Funded:May 22, 2009

About the Country

Country:Pakistan
Avg Annual Income:$3,004.00
Currency:Pakistan Rupees (PKR)
Exchange Rate:80.6350 PKR = 1 USD



Shazia Yousaf Masih is the group leader of other four women. They all live in the city of Kot Radha Kishan, Pakistan. They are hard-working and are satisfied with their struggle. Shazia manages a cot-knitting business. She earns income from the orders that she gets from the community. Shazia baji is applying for a loan to buy wood for her husband’s wood-selling business.

Nasreen baji wants a loan to buy seasonal vegetables for her vegetable-selling business. Kosar baji wants a loan to buy a sewing machine for sewing clothes. Razia baji wants a loan to pay the remaining installment of her auto-rickshaw (a local three-wheeled motor vehicle). Shazia baji wants a loan to buy groceries for her grocery shop.

This is a group loan and the loan funds will be distributed among the group members, each of whom will invest in her own business. The members mutually guarantee one another's loans. If one member does not repay, the other members are responsible.




About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more

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Journal entries for Shazia Yousaf Masih Group


Loan has been disbursed
 
Entrepreneur: Shazia Yousaf Masih Group
Location: Kot Radha Kishan, Pakistan

Thank you for your loan. It has been disbursed to Shazia Yousaf masih Group, consisting of Shazia Yousaf masih, Nasreen Allah wasaya, Kosar Muhammad saleem, Razia Arif masih, Shazia Muhammad shafique by Asasah, a partner of Save the Children in Pakistan. We are excited to watch this business grow. Over the 11 months of this loan, Asasah, a partner of Save the Children will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Kot Radha Kishan, Pakistan
May 23, 2009
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Kiva Help Repayment Schedule for Shazia Yousaf Masih Group

  Expected Repayments Actual Repayments Comments
July 2009 $35.87 $37.55 Repayment Received
August 2009 $71.74 $75.10 Repayment Received
September 2009 $71.74 $0.00 Delinquent
October 2009 $71.74 $0.00 Delinquent
November 2009 $107.61 $0.00 Delinquent
December 2009 $71.74 Available Dec 1  
January 2010 $71.74 Available Jan 1  
February 2010 $71.74 Available Feb 1  
March 2010 $71.74 Available Mar 1  
April 2010 $71.74 Available Apr 1  
May 2010 $107.60 Available May 1